Loading ...The Fed also said he was gonna raise rates again in July, passing on June when July generally has a rebound. Then said he was gonna follow with another after that. Now how would he know ahead of time if he’s gonna need one a couple or more months out if they follow the Data like they claim? Could be wrong but think he’s part of the reason in the weakness in gold right now. That is wasn’t a accident. Maybe they use it for a barometer too lol
It seems to me that if they know the Brics were planning on a gold backed currency they’d want it to go up not to make it easy on them.I can’t blame them after they instigated a proxy war on Russia then weaponized the dollar. Maybe thats the partial reason besides liquidity issues, why gold held out a little better then silver until ???